Adv Micro Devices (AMD) price prediction for 2022

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  • 15 October 2022
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aistockpriceprediction.com and DataFortress.cloud are not giving any trading advice. Statistics and opinions stated on this website are purely statistical, and should never be used for real life trading. Form your own decisions and speak with a registered investment advisor before investing.

Predicted price range for Adv Micro Devices

Our trading algorithm values Adv Micro Devices (AMD) to be undervalued.

The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.

NameValue
Our valuationundervalued
Current trenddowntrend
Buy/Sell RecommendationNeutral
Current Price$55.94
60 Day Prediction$60.21
60 Day Pred - Lower Bound$51.17
60 Day Pred - Upper Bound$69.46

Our algorithm predicts the future trend with the linear formula (a*x + b = y):

$ price = -0.012 * nr_days_in_the_future + 60.572

Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.

Historic price development

AMD traded at $55.94 this Saturday October 15th, loosing $-1.91 or -3.41 percent since last week.

Looking back, over the last month, AMD has been loosing $-19.31 or -34.52 percent.

Over the last year, it has been loosing $-60.45 or -108.06 percent.

Seasonality of Adv Micro Devices

Using our AI model, we have been analyzing the value change for Adv Micro Devices depending on the day or month of a year. This can be seen in the following graph: